I'm feeling pretty underwhelmed.
The once-a-day online check-in requirement doesn't bother me that much, but the pay-to-play used games bullshit pisses me off.
And I don't really give a shit about the new Kinect.
Obviously I'm interested to see what the actual games are going to look like on it; personally I think the graphics of our current generation of systems still look utterly fantastic, and can't imagine how they'd improve that much. I'm skeptical I'll be blown away when we finally get a look.
So as of now, I'm not that interested. You?